Alt.Estate - A new way in the estate

Alt.Estate is a financial company who is offering their hand in real estate tokenization: the Protocol and the Platform.
The company is trying to bond the real estate with the Blockchain platform. The company wants to bring the revolution in the traditional real estate market. They want to attract the more masses towards the blockchain technology.

The company is looking forward when all the real estate registries will be based on the blockchain technology & using this mode will be the combination of advancement, fast & secure.

The platform offers the real estate market a protocol for real estate tokenization, and the platform will be given for the exchanging tokenized real estate assets. The tokenization allows the trading of assets in small fraction & make it accessible. Sellers can attract buyers, who didn't have the chance to buy or where hesitating to buy due to the high transaction cost or they wanted to buy it through the cryptocurrency. Buyers are motivated to buy using the assets using this platform as it gives transparency and liquidity presented by the secondary market within the Platform and the protected execution reports stored on the blockchain.

The ALT.Estate makes it potential to purchase and sell tokenized true estate assets in a trusted way, protected, fast & smooth with the instantaneous transaction & very low transaction costs which is a unique characteristic of this platform, most of the real estate take a high price. Any real estate owner can list out her/his property or fraction of the property on the platform & the interested buyer can purchase it as the entry fee is very low.

Alt. Tokens (ALT) will be used across his platform.

Why Blockchain?

Decentralization

Alt. Estate wants the real estate to be a true peer to peer. The transition from decentralized phase to the centralized phase should be run smoothly to mitigate the implementation of risk. The integrity of the protocol allows the two parties to make a deal without any 3rd party invading or manipulating the deal.

Faster Transaction

Traditionally, one has to wait a lot for the legal procedure which is quite exhausting as well time-consuming. The platform eliminates the 3rd party such as a broker, lawyers, banks, etc. by adding them to the network or assuming their function such as listing, documents, etc. Traditionally, the notarization of documents takes up to 60 days whereas the platform performs such activity in 10 minutes.

Lower costs

The platform reduces most of the charges as there is no need of the 3rd party on the platform and intermediaries and overhead costs for exchanging assets (up to 30% of property price). The Alt. trading fee is 2 %, which can be further reduced if the platform grows.

Liquidity

The real estate owner has this unique facility which is they get the access to both fiats as well as cryptocurrency investors, without the traditional cross country it makes the work speed up for the property sale. And those who are property particular token holders can trade them in the subsequent market by applying the platform ALT.Estate within the platform or wherever they want.

Tokenization

Having the option of fractional ownership and it enables the purchasing of real estate at the smaller scale ticket. Property-specific tokens are customized for all capital and for each jurisdiction.

Transparency

Ownership & the transaction data is accessible to all the peers who are on the network. The distribution of consensus id done via proof-of-stake algorithm: buyers & sellers have the control of their information about who can see those & who cannot. Due to this, they are more confident for the transaction through this platform.

The platform is user- friendly, easily accessible & break the traditional rules which make it usable for the masses. It eliminates the cost which is generally taken by the 3rd party involvement & blockchain make the platform more transparent & easy to use.